query_question: Consider the three stocks in the following table. $P_t$ represents price at time $t$, and $Q_t$ represents shares outstanding at time $t$. Stock C splits two for one in the last period. <image 1> Calculate the rate of return for the second period ($t=1$ to $t=2$)
options: ['0', '1.23%', '2.38%', '3.57%']
demo_question_list: For case E in the following table: <image 1>. Calculate the present value of the annuity, assuming that it is an ordinary annuity
  A. $2,822
  B. $374,598
  C. $85,293
  D. $31,492
  E. $810,092
  
  Answer with the option's letter from the given choices directly. The financial statements of Lioi Steel Fabricators are shown below — both the actual results for 2010 and the projections for 2011. Free cash flow is expected to grow at a 6% rate after 2011. The weighted average cost of capital is 11%. <image 1> What is the total value of the company as of 12/31/2010 (in million)?
  
  Answer the question using a single word or phrase. Without referring to the preprogrammed function on your financial calculator, use the basic formula for present value, along with the given opportunity cost, r, and the number of periods, n, to calculate the present value of $1 in case C shown in the following table. <image 1>
  
  Answer the question using a single word or phrase. Clare Jaccard has $5,000 to invest. Because she is only 25 years old, she is not concerned about the length of the investment's life. What she is sensitive to is the rate of return she will earn on the investment. With the help of her financial advisor, Clare has isolated four equally risky investments, each providing a single amount at the end of its life, as shown in the following table. All the investments require an initial $5,000 payment. <image 1> Calculate, to the nearest 1%, the rate of return on investment D available to Clare.
  A. 11%
  B. 8%
  C. 10%
  D. 9%
  
  Answer with the option's letter from the given choices directly.